ZimNow Business Desk
Zimbabwe will join fellow African mining jurisdictions at African Mining Week 2025 in October, with Mines Minister Winston Chitando expected to showcase the country’s growing mining industry.
Zimbabwe’s lithium sector has attracted billions in investment over the past three years, with new projects ramping up production to serve the fast-growing electric vehicle market.The country already accounts for a significant share of Africa’s lithium output, complementing its established platinum, gold, and diamond industries.
Zimbabwe is on a drive to strengthen beneficiation and industrialisation in line with government policy that seeks to ensure more value addition takes place locally.
This comes as the World Bank projects that Africa’s mining sector could generate an extra US$2 billion in revenue and create 3.8 million new jobs by 2030 if beneficiation is scaled up.
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Top 10 Mining Investors and Destination Countries
| Investor | Est. Total (USD) | Major Destination Countries & Notes |
|---|---|---|
| China | $50B+ | DRC (Cobalt, Copper), Zambia, Guinea, Zimbabwe |
| Canada | $37B+ | DRC, South Africa, Zambia, Angola, Senegal |
| UK | $20B+ | South Africa, Egypt, Ghana, Nigeria |
| Australia | $15B+ | Ghana, Mali, Burkina Faso, Tanzania, Zambia |
| USA | $13B+ | Ghana, DRC, Tanzania, South Africa |
| India | $10-15B | South Africa, Mozambique, Guinea, Sierra Leone |
| UAE | $5-10B | Zambia, DRC, Angola |
| Russia | $5-10B | Zimbabwe, Guinea, South Africa |
| South Africa | $5B (regional) | Namibia, Botswana, Zimbabwe |
| France | $5B+ | Morocco, Gabon, Senegal, Ivory Coast |
Zimbabwe’s presence at AMW also signals continued efforts to position itself competitively alongside regional peers. Malawi, for example, secured US$12 billion in Chinese critical mineral investments this year, while South Sudan and Ghana are ramping up exploration and gold strategies respectively.
African Mining Week runs from October 1–3 in Cape Town, alongside African Energy Week.
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